The Human Resource Development (HRD) ministry is all set to spend Rs 418 crore from 2018-20 on collaborative research between Indian and foreign institutes under the 'Scheme for promotion of Academic and Research Collaboration' (SPARC).
The scheme is scheduled to be launched on October 1 and will be coordinated by the Indian Institute of Technology, Kharagpur. The HRD Minister Prakash Javadekar took to twitter and said that "SPARC is a joint research projects between Indian institutions with best of global Universities. This will immensely benefit students, faculty and improve perception of Indian Institutes across the world".
"SPARC will focus on joint research projects in focus areas, including technology, science and also social sciences, which are of relevance to India. IIT-Kgp, would be the coordinating institution for this scheme. The scheme will be operationalised by October 1, 2018," he added. The scheme will consider only top 500 globally ranked Institutes for collaboration.